William Blair reissued their market perform rating on shares of Driven Brands (NASDAQ:DRVN – Free Report) in a research note issued to investors on Wednesday,Benzinga reports.
Several other equities research analysts also recently commented on the stock. Piper Sandler downgraded shares of Driven Brands from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $19.00 to $12.00 in a research note on Wednesday, February 25th. Morgan Stanley reduced their target price on shares of Driven Brands from $20.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Weiss Ratings restated a “sell (d)” rating on shares of Driven Brands in a research note on Friday, March 27th. Zacks Research upgraded shares of Driven Brands from a “strong sell” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, Freedom Capital upgraded shares of Driven Brands to a “strong-buy” rating in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Driven Brands has a consensus rating of “Hold” and a consensus target price of $19.71.
Get Our Latest Stock Report on DRVN
Driven Brands Stock Down 3.1%
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Driven Brands by 5.2% in the fourth quarter. Vanguard Group Inc. now owns 5,851,225 shares of the company’s stock valued at $86,715,000 after buying an additional 288,759 shares during the last quarter. North Peak Capital Management LLC raised its holdings in shares of Driven Brands by 37.3% in the fourth quarter. North Peak Capital Management LLC now owns 3,990,850 shares of the company’s stock valued at $59,144,000 after buying an additional 1,083,896 shares during the last quarter. Emeth Value Capital LLC raised its holdings in shares of Driven Brands by 17.8% in the fourth quarter. Emeth Value Capital LLC now owns 3,846,166 shares of the company’s stock valued at $57,000,000 after buying an additional 582,255 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Driven Brands by 14.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,826,160 shares of the company’s stock valued at $56,704,000 after buying an additional 491,919 shares during the last quarter. Finally, Boston Partners raised its holdings in shares of Driven Brands by 1,301.0% in the fourth quarter. Boston Partners now owns 3,426,388 shares of the company’s stock valued at $50,783,000 after buying an additional 3,181,812 shares during the last quarter. 77.08% of the stock is owned by institutional investors.
Key Driven Brands News
Here are the key news stories impacting Driven Brands this week:
- Neutral Sentiment: Analyst coverage: William Blair reaffirmed a “market perform” rating on DRVN, a signal of muted analyst conviction rather than a bullish catalyst. Benzinga
- Neutral Sentiment: Company disclosures and transcripts are available for review (Q3 2025 earnings transcript posted), giving investors more primary material to parse while litigation unfolds. Earnings Transcript
- Negative Sentiment: Multiple securities class actions and investor solicitations have been filed or announced against Driven Brands alleging pervasive accounting errors, misstated financials and internal control failures; numerous law firms are seeking lead plaintiffs with a May 8, 2026 deadline — this litigation risk is pressuring the stock. Rosen Law Firm Notice
- Negative Sentiment: Preliminary unaudited results and an update on SEC filing status were released; the company also revised revenue guidance for Q1, Q4 and FY 2025 below consensus — weaker guidance plus delayed/adjusted filings increase uncertainty about near-term fundamentals. Business Wire
- Negative Sentiment: Law firms and alerts highlight that the company previously disclosed widespread accounting errors that coincided with an approximate 39% share-price decline; that history amplifies legal and reputational risk and likely contributes to continued selling pressure. GlobeNewswire (Portnoy)
Driven Brands Company Profile
Driven Brands Holdings Inc (NASDAQ: DRVN) is a leading North American provider of automotive aftermarket services, operating through a network of franchised and company-owned locations. The company’s platform encompasses a diverse portfolio of car care and maintenance brands, including Meineke Car Care Centers, Maaco Collision Repair & Auto Painting, Take 5 Oil Change, and Carstar Collision Repair. Driven Brands delivers a full range of services from routine maintenance and oil changes to collision repair, paint protection, and vehicle customization.
Headquartered in Charlotte, North Carolina, Driven Brands serves both individual consumers and commercial clients across the United States and Canada.
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